DP World Receives Largest-Ever Vessel to the Dominican Republic, Advancing Trade
The arrival of the Ultra-Large Container Vessel strengthens the country’s trade capabilities and competitiveness.
SANTO DOMINGO, Dominican Republic, November 27, 2024 /3BL/ - DP World, a global leader in logistics and supply chain solutions, has successfully received the MSC Marie, an Ultra-Large Container Vessel (ULCV), at the Port of Caucedo, the largest ship to ever dock in the Dominican Republic. The event underscores the Dominican Republic’s position as a leading logistics hub in the Americas.
Owned by the Mediterranean Shipping Company, the MSC Marie arrived from Panama on November 10, 2024. The vessel measures 366 meters in length and 51 meters in width, with a capacity of 17,644 twenty-foot equivalent units (TEUs). Its docking signifies a major advancement in trade flows for the Dominican Republic and the region at large.
Manuel Martínez, CEO of DP World in the Dominican Republic, said: “This milestone once again demonstrates the capabilities that DP World offers, in alignment with both the sector’s needs and the Dominican Republic’s projected growth in trade, from our ideal geographical location offering access to sea, air and land transport.”
The arrival of the MSC Marie was made possible by DP World’s $700 million expansion at the Port of Caucedo, which increased the terminal’s annual operational capacity from 1.4 million to 2.5 million TEUs. The expansion added 450 meters to the main dock. DP World now operates four docks with a depth of 17 meters, which allows the terminal to accommodate ULCVs such as the MSC Marie.
The expansion also included the acquisition of advanced terminal equipment, including four super-post-Panamax cranes and 10 rubber-tired gantries (RTGs), expanding the fleet to 32 RTGs and 10 gantry cranes.
The docking of the MSC Marie highlights DP World’s commitment to sustainability and innovation. As a result of the company’s multi-phase electrification initiative at the Port of Caucedo, the MSC Marie was serviced by fully electric equipment, including super-post-Panamax cranes and internal transfer vehicles (ITVs). DP World is targeting net-zero emissions across all its operations by 2050.
"We continue to prioritize sustainability in all our operations. The use of 100% electric equipment for the MSC Marie’s arrival reflects our ongoing efforts to minimize environmental impact and lead the way in sustainable logistics solutions,” Martínez said.
With connectivity to 51 ports globally, including eight weekly routes to 12 ports in Asia, the port plays a vital role in enabling trade for thousands of importers and exporters. DP World’s contributions to the Dominican Republic’s trade infrastructure were recognized in 2023 with the Port Industry Excellence Award, reflecting the company’s alignment with the government’s vision of establishing the Dominican Republic as the premier logistics hub in the Americas.
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DP World Americas Media Contact:
Melina Vissat, Head of Communications
M: (+1) 704-605-6159
E: melina.vissat@dpworld.com
About DP World
Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.
With a dedicated, diverse and professional team of more than 113,000 employees from 160 nationalities, spanning 78 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.
We’re rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.
What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.
WE MAKE TRADE FLOW
TO CHANGE WHAT'S POSSIBLE FOR EVERYONE.